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#FeesMustFall: Telling infographic shows SA's grim situation

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Cape Town – It’s unlikely that Finance Minister Pravin Gordhan will raise taxes next year to fund the R2.5bn required for a 0%-increase in tuition fees for 2017, said KPMG economist Christie Viljoen

In Gordhan’s Medium-Term Budget Policy Statement, which is to be delivered on 25 October, he will announce plans for financing zero fee increases for up to 80% of students, which could amount to R2.5bn, according to an initial estimate by universities.

The mooted amount, Viljoen told Fin24, represents about 0.25% of the R1tr total budget, which Gordhan will probably get from government savings, such as on travel and subsistence costs, entertainment and monies recovered from wasteful and irregular expenditure.

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